The NYT Can't Find Any Economists to Talk About the United States' Debt ProblemComments for The NYT Can't Find Any Economists to Talk About the United States' Debt Problem at http://www.cepr.net , comment 1 to 2 out of 2 commentshttp://www.cepr.net
Tue, 31 Mar 2015 17:03:08 +0100FeedCreator 1.7.3Bart Simpson's I.Q. is higher than the Peterson Foundation's.http://www.cepr.net/index.php/blogs/beat-the-press/the-nyt-cant-find-any-economists-to-talk-about-the-united-states-debt-problem#comment-6454
I’ve just been reading some Peterson Foundation material. Bart Simpson is a real intellectual challenge by comparison. - Ralph MusgraveSat, 15 Jan 2011 22:09:17 +0100...http://www.cepr.net/index.php/blogs/beat-the-press/the-nyt-cant-find-any-economists-to-talk-about-the-united-states-debt-problem#comment-6438
Recent errors of missed health care cost that drive unsustainable debt have been corrected by MSM as follows:
While health care is indeed the current driver of debt, the per capita cost is expected to decline sharply as sub-prime individuals pass their prime and wither away since there is no sub-prime market for high risk patients beyond privatized hospices which accept bets on who lives longest.
Economists emphasized that although per capita cost decline for everyone, per capita cost will still increase for a sub-group of prime individuals since they're the least likely to need health care as a pre-exising condition necessary to fund health insurers busy denying insurance to adversely selected sub-prime patients.
The AMA agreed, noting how doctors get paid is not important as long as they get paid twice the going rate as other countries based on moral hazard that is necessary to offset adverse selection. - izzatzoFri, 14 Jan 2011 01:58:19 +0100